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Property Taxes in Greece: A Guide for Property Buyers

Greek Property Taxes Guide provide at-a-glance information, as well as details on the Greek property taxes including all required documents.  The Greek property taxes framework continues to pose many challenges for real estate investors, home owners, buyers, and auditors. This guide provided from ARENCORES is intended to simplify the fundamental requirements involved in the Greek real estate taxation.

What’s New in Greek Property Taxes

To attract investment and achieve compliance, today’s real estate firms need a sound operating framework that provides insight on the Greek property taxes and transaction-fees structure. According to ARENCORES, a firm’s investment and property portfolio management has a critical role in the day-to-day activity, performance, sourcing, business development and search for valuable assets. In Greece, tax collection performance lags behind the European average, while complexity and ineffectiveness are posing obstacles to fiscal consolidation. The Greek property taxes structure is characterised by high tax rates which do not result in the anticipated revenue. At the same time, while total annual tax revenues remain fairly stable the tax parameters are constantly changing, leading to a number of peculiarities.

Moreover, with a robust infrastructure, real estate firms can operate beyond reproach in the eyes of investors and shareholders, and show they hold sound investment opportunities. Through transparency, compliant operations, and accurate reliable data, they do manage risk and decide wisely on asset investments. And above all they have the ability to achieve the desired all-important, higher Return of Investment.


Property Taxes Highlights (2017 Updates)

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Property Taxes, Property Appraisal, Property Legalization Law, Property Management

ARENCORES provide reliable assessment reviews to ensure your properties are assessed at fair market value. Our team of Chania Real Estate professionals works with you to develop a real estate management plan that fits your needs. Our Property Identification services are customizable and flexible—all to ensure you find the ideal Chania house or land for sale. ARENCORES expertise include, industrial, retail, land, and residential properties in Chania Prefecture.

For more information please contact ARENCORES team. ARENCORES, is located on 25, K.Mitsotaki Street, Chania, Crete – office hours are 8:30 a.m. – 5:00 p.m. Monday through Friday. For any questions or to set an appointment, please contact Maria Gkika, Civil Engineer in Building Constaructions at +30 2821112777 or by email at

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